TechCrunch

JANUARY 12, 2022

SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has raised $10 million in Series A funding for its next phase of growth and regional expansion. but rarely used in markets like Nigeria. “In

Africa 138

Africa Nigeria Raise South Africa 138

TechCrunch

DECEMBER 30, 2021

But two months into 2020, the pandemic did an excellent job of lowering expectations as investment activities from local and international investors slowed down. A handful of local acquisitions and a monumental exit. Last year, the trend of seeing local companies buy each other played out and continued into 2021.

South Africa 139

South Africa Tech Africa Egypt 139

TechCrunch

JANUARY 25, 2021

Microtraction , an early-stage venture capital firm based in Lagos, Nigeria, saw funding nearly quadruple for its portfolio. ” Badamosi, who returned to Nigeria from the UK in 2015, worked as the general manager for Starta Africa, an online community for African tech entrepreneurs. The introductory batch was all Nigerian.

Nigeria 138

Nigeria Africa Report Mauritius 138

The Next Web

NOVEMBER 7, 2012

All over Africa, young men and women have missioned across the country and arrived in Lagos, Nigeria. These four girls may not end up doing that either, but their efforts definitely stand more of a chance than yet another hyper local social cloud app. All they want to do is show off what they have made.

Generation 168

Generation Create Africa Nigeria 168

TechCrunch

MARCH 22, 2021

to reach a relative in Nigeria. Ben Eluan and Osezele Orukpe , two software engineers based in Nigeria, faced this problem in 2019. The company witnessed this growth despite the Central Bank of Nigeria’s clampdown on crypto exchange activities. Nigeria is becoming Africa’s unofficial tech capital. ” he said.

University 145

University Nigeria Build Africa 145

TechCrunch

SEPTEMBER 12, 2022

Kippa said the investment will allow it to develop financial products that help SMEs grow their businesses and grow its team in Nigeria. As such, startups have launched various bookkeeping solutions to digitize operations of these small businesses in a traditional retail sector worth more than $200 billion alone in Nigeria.

Nigeria 116

Nigeria Management Fund Business 116

TechCrunch

FEBRUARY 1, 2022

Nigeria has a population of almost 200 million, with 60% under the age of 25. It’s a one-year program where students take classes for nine months (three semesters) followed by a three-month internship at local tech companies to gain experience. Nigeria’s Decagon raises millions to finance and train software engineers.

Nigeria 139

Nigeria Alternative Build Raise 139

TechCrunch

MARCH 9, 2021

And according to the company’s statement, they can do so “in 150 currencies and multiple payment modes including local and international cards, mobile wallets, bank transfers, Barter by Flutterwave.” Stripe acquires Nigeria’s Paystack for $200M+ to expand into the African continent.

Companies 145

Companies Raise Africa Nigeria 145

TechCrunch

MAY 4, 2022

His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round. The service, which is only available for incorporating businesses in Nigeria, the U.S.

Africa 139

Africa Burkina Faso Nigeria Companies 139

TechCrunch

NOVEMBER 18, 2021

In Nigeria, some go to the extent of keeping information offhand. Most of these features are geared at onboarding a wide range of businesses in Nigeria to the platform; however, the strategy is to introduce credit and other financial services to them. The company claims that merchants who use Kippa this way “recover debts 3x faster.”.

Business 122

Business Nigeria Management Africa 122

Robert Weiner

AUGUST 1, 2011

Governor Central Bank of Nigeria. This is to officially inform the recipient of this public electronic mail address to quite every unfruitful dealing him/her is currently having in hand with any of the local banks within and outside this Country with immediate effect. Plot 8321 4th Floor Garki, Abuja. Date: 28th July, 2011.

Spam 112

Spam Nigeria Mail Fund 112

TechCrunch

APRIL 26, 2023

These are relevant localized data that have long been left out of the bigger pool of KYC and fraud prevention. We have product depth in Nigeria already. Other prominent use cases include AML checks, customer onboarding and fraud prevention.

Africa 145

Africa Service Nigeria South Africa 145

TechCrunch

OCTOBER 11, 2021

Nigeria’s Mono raises millions to power the internet economy in Africa. I feel like Nigeria is capped in terms of how many businesses we can target,” said Hassan, who co-founded Mono with Prakhar Singh, over a call. Last September, the company had just completed a $500,000 pre-seed investment with a handful of local investors.

Global 141

Global Africa South Africa Nigeria 141

TechCrunch

DECEMBER 8, 2021

Employers don’t have access to locally customized, world-class payroll and HRM tools, and employees can’t easily access third-party services to help make life easier. Workpay said its platform makes it possible for companies to pay in 15 currencies across Africa and to hire in Africa legally without the need to set up a local entity.

Ghana 93

Ghana Rwanda Kenya South Africa 93

TechNode

SEPTEMBER 11, 2023

The three guests individually presented insights into their local markets and the varied challenges involved in developing the digital economy. Emerging markets and opportunities in Nigeria Sterling Bank is a leading financial institution in Nigeria, offering a wide range of financial services to individuals, businesses, and institutions.

Bangladesh 52

Bangladesh Nigeria Malaysia Digital 52

TechCrunch

MARCH 2, 2022

Sudo Africa , a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 At some point, we wanted to issue cards and worked with one of the local banks in Nigeria,” said CEO Bakori. million in pre-seed funding. San Francisco-based Global Founders Capital (GFC) led the round.

Africa 98

Africa API Issue Nigeria 98

TechCrunch

FEBRUARY 10, 2022

A mix of local and international investors such as MyAsia VC, Y Combinator, Flutterwave CEO Olugbenga “GB” Agboola and Mono CEO Abdul Hassan participated. Last November, Duplo got into Y Combinator and is taking part in the accelerator’s current winter batch. The YC-backed startup has also raised a $1.3

Nigeria 95

Nigeria Companies Build Africa 95

TechCrunch

DECEMBER 1, 2022

Niche local brands are also emerging to offer tailored beauty and skin care products. Backed by a $1 million seed funding, Uncover is scaling its operations in Kenya and expanding to Nigeria in January. Uncover is scaling its operations in Kenya and expanding to Nigeria in January. Image Credits : Uncover Skincare.

Africa 122

Africa Product Kenya Raise 122

TechCrunch

JUNE 8, 2022

A new report from Endeavor Nigeria reveals that Africa’s digital economy and tech ecosystem is set to experience exponential growth periods. For investors, it hopes to help them build local market intelligence. Much of the growth so far has been concentrated in four key markets: Nigeria, South Africa, Kenya and Egypt.

Digital 97

Digital South Africa Report Africa 97

The Verge

OCTOBER 1, 2021

Twitter is currently banned in Nigeria | Illustration by Alex Castro. Nigeria’s government suspended Twitter “indefinitely” in June, accusing the social media platform of “activities that are capable of undermining Nigeria’s corporate existence.”

Nigeria 54

Nigeria Twitter Companies Social Media 54

TechCrunch

FEBRUARY 11, 2021

The venture capital scene in Africa has consistently grown, with an influx of capital from local and international investors reaching unprecedented heights in recent years. Stripe acquires Nigeria’s Paystack for $200M+ to expand into the African continent. million; Nigeria followed with $150.4

South Africa 129

South Africa Raise Africa Ghana 129

TechCrunch

JANUARY 18, 2022

Finclusion’s debt financing, which makes up the larger share of the overall round, was provided by local currency funds in Eswatini and South Africa. to launch neobanks in Nigeria and other emerging markets. It follows the $20 million debt facility supplied by emerging markets debt provider Lendable last September. With over 1.2

Africa 104

Africa South Africa Nigeria Raise 104

TechCrunch

SEPTEMBER 15, 2021

And though Nigeria’s food processing systems have a keen resemblance to the West with respect to big factories and huge economies of scale in high-demand cities, farmers still suffer from poor logistics networks. First, it planned to increase productivity in Nigeria’s agricultural sector using software.

Process 23

Process Nigeria Technology Africa 23

TechCrunch

DECEMBER 24, 2021

After seven years in the production of electronic gadgets, under his company Imose Technologies , Osayi Izedonmwen took leave to explore an idea that he had toyed with for some time — an edtech startup, Teesas , which now offers video classes and other digital educational material for learners in Nigeria. million pre-seed funding round.

Africa 103

Africa Nigeria Classes India 103

TechCrunch

AUGUST 29, 2022

Idorenyin Obong and Femi Aghedo founded Grey in July 2020 as an instant exchange service to help Nigerians exchange foreign currencies in their domiciliary account for local money — the naira. Grey Business has been in private beta for the last two months and the seed investment will help to launch it publicly across Nigeria and Kenya.

Kenya 95

Kenya Raise Nigeria Africa 95

TechCrunch

AUGUST 5, 2022

In an interview with TechCrunch, he said these experiences gave him exposure to the application of technology in the power sector, and he saw an opportunity to apply that in Nigeria and across Africa. and Nigeria-based utility company provides energy management software and analytics for utilities. Bim Adisa (CEO).

Africa 92

Africa Accessibility Nigeria Service 92

TechCrunch

JANUARY 22, 2021

million in 2016, it was one of the largest disclosed rounds at that stage in Nigeria. . Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa. Egypt’s Shahry and Nigeria’s Evolve Credit are fintech startups building credit infrastructure for their markets. payments startup Stripe. .

Africa 137

Africa Nigeria API Egypt 137

TechCrunch

OCTOBER 25, 2021

Y Combinator, Hustle Fund, Liquid 2 Ventures, Hack VC and Soma Capital participated, including individual local investors and early backers such as Paga CEO Tayo Oviosu, Remita CEO John Obaro and Magic Fund. . Vendease tries to solve the challenges and inefficiencies in Africa’s highly fragmented food sector, starting with Nigeria.

Africa 140

Africa Help Nigeria San Francisco 140

TechCrunch

APRIL 18, 2022

Nigeria is one such market where per Statista , local labels such as Verve, the largest domestic card scheme developed by unicorn fintech Interswitch, control more than half of the market. There are very few markets where domestic card schemes edge out the pair in Africa. Tiger Global is earning its stripes in Africa.

Issue 137

Issue Global Africa Zambia 137

TechCrunch

FEBRUARY 2, 2022

of its adult population had one form of insurance policy in Nigeria as of 2018. The self-described “Nigeria’s first 100% digital insurance company” has raised a $4 million pre-seed round. The local investors involved are all founders. Unlike the former, insurance around job loss is relatively uncommon in Nigeria.

South Africa 96

South Africa Nigeria Accessibility Africa 96

TechCrunch

JUNE 7, 2022

KlashaCheckout allows merchants outside Africa to collect payments from six countries on the continent — Nigeria, Zambia, Tanzania, Uganda, South Africa and Kenya — and get paid in G20 currencies like dollars, pounds or euros. According to the company, these suppliers receive payments in their dominant currency in three days.

Nigeria 99

Nigeria Africa Kenya South Africa 99

TechCrunch

JULY 26, 2021

Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. ” The ticket sizes will range from $20,000 to $100,000, focusing on startups in Nigeria, Kenya, South Africa, and North Africa. Non-traditional startup founder to an angel investor.

Fund 109

Fund Profile Nigeria Africa 109

TechCrunch

DECEMBER 12, 2022

Individuals or businesses buying furniture in Africa can purchase from local furniture stores or global furniture retailers like IKEA. million in “expansion” funding from Aruwa Capital, a Nigeria-based early-stage growth equity and gender-lens fund. .

Fund 115

Fund Online Raise Platform 115

TechCrunch

DECEMBER 5, 2021

The startup has today announced entry of RejaReja, the B2B retail marketplace, into Ethiopia, Ghana, Tanzania, Rwanda and Uganda, after successful pilot programs, coming about two months after it grew beyond Kenya by launching in Nigeria. In November we hit 100,000 merchants in Kenya and Nigeria and this number is growing quite rapidly.

Africa 99

Africa Kenya Marketing Nigeria 99

Robert Weiner

JULY 22, 2011

And no need to worry about the offer's legitimacy, because "everything has been taken care of by the Federal Government of Nigeria, The United Nation and also the FBI.". Also with the ATM card you will be able to transfer your funds to your local bank account. Here's the whole thing: Sender: Nicholas Story (office@fbi.gov).

Spam 122

Spam Money Nigeria Contact 122

TechCrunch

NOVEMBER 8, 2022

The digital bank has seen some success since launching in Nigeria in 2019. Nigeria is sub-Saharan’s largest inbound remittance market and among the top 10 largest globally. to Nigeria remains invariably expensive. — the second largest sender of remittances to Nigeria, behind the U.S., Babs Ogundeyi (Kuda CEO).

Nigeria 80

Nigeria Digital Product Africa 80

TechCrunch

SEPTEMBER 12, 2022

Trond Riiber Knudsen of the TRK Group, an Oslo-based venture capital firm and an investor in HotelOnline, said in a statement, “A deal like this helps build a strong African travel-tech player, with a local and continental foothold. This is a key part of what we aim to contribute to through our stake in HotelOnline.

Software 99

Software Companies Kenya Nigeria 99